First, the pandemic broke the global supply chain. Then stimulus payments set off a frenzy of consumer spending at a time when finding toilet paper at the local grocery store wasn’t a given.Greedy companies, by this telling, have raised prices above and beyond their rising costs of production.to back up the claim. Nevertheless, rising profit margins may look suspicious, but they aren’t themselves evidence of companies taking advantage of high prices to fatten their coffers.
Here’s the top five as it stands now, with about half of the S&P 500 having reported third-quarter earnings:tops the list. Its operating margin surged from 20.3% for the 12 months ending in September 2021 to 64% over the last year. The 64% is more than 20 percentage points greater than the company’s prior all-time high set in 2015. EQT didn’t respond to a request for comment.
, the company cited cost reductions at its West Virginia wells and the impact of acquisitions as reasons it’s piling up the cash.jumped by 20 percentage points for its last 12 months compared to the year prior. At a 35% operating margin, Merck’s take on revenue is as high as its been since 2004, according to FactSet data. Merck didn’t respond to a request for comment.
you see there was this wet market in China selling bats for dinner back in 2019....
And Forbes is now against capitalism. I’ve seen it all
Me.. most Ive generated in a year after 2020
More like “who paid for these high prices?”
Not complaining against the pharmaceutical rising prices in vaccines. Nobody force you to burn fuels.
Banning US oil, closing pipelines. The governments are pilling profits through taxes. Look at your taxes in real estate and in fuels or in any thing you buy.
Big Oil fucked us, all of us, every single gas driving person in this world. Here in the U.S. who do you think Big Oil wants in office? Repugs.
Price gouged*
Joe and Hunter Biden LLC. has been the largest earners since 2020
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